China rises on Saturday USA rates to 125% and fear of trade war increases

by Andrea
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Beijing Retalia Donald Trump, who says he is optimistic about the deal, and highlight his good relationship with Chinese President Xi Jinping

AND AND AND AND STRES/AFP
Despite the tensions, the financial market showed signs of relief, with the dollar falling and the Ibovespa in high

In a new stage of the trade war, 125% tariff imposed by American products starts this Saturday (12). Retaliation was a direct response to 145% tariffs applied by the government of. The Chinese decision that has generated significant tensions in the global economy. China’s Foreign Ministry has stated that for effective dialogue to occur, the United States must cease its unpredictable and destructive attitudes. China, according to the chancel, will not bow to American pressure, defending justice and equity in the global order.

Despite the increase in tensions, the White House, through its spokeswoman Karoline Leavitt, expressed optimism as to the possibility of a trade agreement with China. President Trump, in statements aboard Air Force 1, said he was comfortable with the current situation and highlighted his good relationship with Chinese President Xi Jinping. Experts, such as economist Luciano Costa, believe China is better prepared to face American tariffs than in 2018. China can redirect its trade to reliable partners, such as Brazil, and stimulate domestic consumption, which can mitigate the impacts of American tariffs.

The professor of international relations Carlos Gustavo Poggio notes that the dispute goes beyond commercial issues, reflecting a struggle for global hegemony. He highlights the importance of US strategic alliances, built over decades, and warns of the risks of American isolation. Poggio also points to a structural transformation in the international scenario, with an increase in protectionism and a decrease in democracies. This change may have long -term implications for global order, affecting not only the economies involved, but also the balance of world power.

Despite the tensions, the financial market showed signs of relief, with the dollar falling and Ibovespa on the rise. Diogo da Luz, an economic analyst, argues that commercial barriers result in fewer products and higher prices, defending opening and interaction as ways for economic growth. He suggests that instead of getting involved in tariff disputes, nations should seek forms of cooperation that benefit all parties involved.

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